Archive for the ‘Couples and Money’ Category
-
Discussions About a Sudden Expense
Yesterday, I wrote how my wife’s friend getting married is a sudden expense for us. If you haven’t read that article I highly suggest you do, or this article might seem out of place. I got an amazing amount of comments on that post, I want to take a moment to thank everyone who took the time to share their thoughts.
I mentioned yesterday that this expense is likely to be a minimum of $1800. It could easily run as much as $2500. Though my wife makes a very good income, my income has dropped in the […] -
A Sudden Expense Changes Everything
Recently my wife and I dined out a few times. While no particular meal was expensive, the aggregate of the three meals equaled 2 weeks worth of groceries. I didn’t think about it too much at the time. Everything changed with an e-mail my wife received on Sunday. In her words, “The color drained from [her] face.”
The e-mail was from her friend from Spain. She is getting married and would like for us to join them in celebrating their union. The wedding is less than 45 days away.
I immediately went into shock. This […] -
How to have a successful budget meeting with your spouse
Glblguy is the author of Gather Little By Little , a Christian personal finance blog focused on growing wealth using common sense biblical practices and based on the wisdom found in Proverbs 13:11 - “He who gathers money little by little makes it grow.” I encourage you to subscribe to his RSS feed.
Prior to getting control of our finances, the main reason my wife and I would fuss (that means fight/argue here in the southern U.S.) was over money and finances. Turns out, we weren’t alone. The number one reason couples fight is over money. Studies […] -
Couples and Money
Matthew Paulson of Finance is Personal asks, “Should Married Couples Combine Their Finances?” His answer is an unqualified yes. One of the things I love about the Finance is Personal site is that it almost always gives me a fresh viewpoint.
I think it’s impossible to give a hard and fast answer here. All the things said in the Matthew Paulson’s article are true, but the reality of marriage is that half of them end up in divorce. Nearly everyone who writes about personal finance agrees in having some kind of emergency fund for, well, […] -
Jean Chatzky Recommends Lazy Man and Money
The title of this post is a bold face lie - she is probably not even aware Lazy Man and Money exists. Perhaps she should start reading though. In her book, Make Money, Not Excuses, she recommends using a method remarkably similar to the one that Energi Gal and I use to manage our income and expenses. In the latest Money Magazine, there’s an excerpt from the book. The advice:
How much to put into the joint account: The total going into the account should be enough to a) pay your monthly expenses, and […]
